Cathie Wood’s Ark Invest’s three ETFs added a total of 83,157 CEX shares, or about $13.4 million, during Friday’s U.S. stock crash, as CEX shares fell about 5% over the past week and their market capitalization fell below $30 billion for the first time since September 2024. This is Ark Invest’s second dip buying after March, after adding more than $16 million in a single month.
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Ark Invest increased its holdings of CEX stocks by $13.4 million during the big dump of US stocks on Friday.
Cathie Wood’s Ark Invest’s three ETFs added a total of 83,157 CEX shares, or about $13.4 million, during Friday’s U.S. stock crash, as CEX shares fell about 5% over the past week and their market capitalization fell below $30 billion for the first time since September 2024. This is Ark Invest’s second dip buying after March, after adding more than $16 million in a single month.